Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.262%
Price spread now: Gate against Injective−2.005%99s7-day average +0.228% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1431.431% of the position
Funding, last 7 days+0.345%+$34 on $10k
+Price spread, last 4 days (all we have)+0.702%+$70 · spread now −2.005%, 7d avg +0.228%
=Funding pays, the price is against you. Gate is 2.233% cheaper against Injective than usual: you would sell low and buy high (spread −2.005% now, against its 7-day average of +0.228%). If the spread goes back, that is −$223 on $10k: about 4 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.345% in total) that is about 45 days. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective APT/USDC PERP | 0.7780 | 0.0033 | pay 0.0004% / 1h | 49m 33s | $2K | $240K | 12x |
| Short | Gate APT_USDT | 0.7624 | 0.0100 | get 0.0100% / 8h | 4h 49m | $2.6M | $4.9M | 75x |
Injective APT/USDC PERP
Gate APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −2.005% → +0.228%
- −$223.33
- Slippage, 4 orders
- −$128.06
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$352.41
- Costs to cover
- 1.431%
- Break-even
- 183.2 days
Slippage from Injective: live order book, 9 min ago; Gate: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 9 min ago | 52.02 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.56 bp | 21.4 bp −$21 | 50.7 bp −$507 | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7633 | −1.889% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7631 | −1.915% | $17K | $443K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0014% | 8h | 0.7630 | −1.928% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Variational Omni APT | +0.0037% | 8h | 0.7625 | −1.990% | $509K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7623 | −2.018% | $407K | $420K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7629 | −1.941% | $5.2M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7623 | −2.018% | $98K | $959K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7629 | −1.941% | $27.9M | $106.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7623 | −2.018% | $27.2M | $38.9M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7625 | −1.992% | $5.7M | $24.5M | 50x | as long as short |
| Gate APT_USDTshort | +0.0100% | 8h | 0.7624 | −2.005% | $2.6M | $4.9M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7619 | −2.069% | $28.6M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7626 | −1.979% | $5.0M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7624 | −2.005% | $8.5M | $12.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7622 | −2.031% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7630 | −1.928% | $188K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | −1.799% | $61K | $579K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7624 | −2.005% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7627 | −1.967% | $53 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7649 | −1.684% | $259K | $118K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7621 | −2.044% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7629 | −1.944% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7633 | −1.887% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7635 | −1.864% | $1.4M | $941K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0318% | 1h | 0.7628 | −1.957% | $527K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7649 | −1.684% | $220K | $492K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0484% | 1h | 0.7626 | −1.979% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0809% | 1h | 0.7627 | −1.971% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5160% | 1h | 0.7771 | −0.116% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD